Egypt’s factoring activity grows 9.4% in H1
Egypt's factoring activity has posted 5 billion Egyptian pounds ($303 million) in the first half of 2019 compared…
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Egypt’s Banque du Caire first-half net profit climbs 94% y-o-y
Egypt’s third largest state lender Banque du Caire reported on Sunday a 94 percent year-on-year rise in first-half…
Islamic banking captures 5.5% of Egypt market share in H1
The volume of Islamic banking in Egypt registered 318 billion Egyptian pounds in the first half of 2019 capturing…
Egypt’s EBE reports EGP6.8bln foreign trade operations in H1
Egypt's Export Development Bank's foreign has posted foreign trade operations of 6.8 billion Egyptian pounds in the…
Egypt’s net FDI rises 3.4% in Q3-FY2018/19: c.bank
Egypt’s net foreign direct investment (FDI) rose by 3.4 percent to around $1.8 billion in the third quarter of the…
Egy Lease signs leasing contracts of EGP300mln in H1 2019
Egy Lease, the leasing arm of Industrial Development & Workers Bank of Egypt, has signed leasing contracts of…
Egypt’s unemployment rate falls to 7.5% in Q2 – c.bank
Egypt’s unemployment rate dropped to 7.5 percent in the second quarter of 2019, preliminary data from the central…
Egypt’s Banque Misr cuts rates on variable-return certificates of deposit
Banque Misr has lowered the interest rates on its variable-return certificate of deposit by 1.5 percent, the vice…
National Bank of Egypt cuts rates on 3-year platinum certificates by 1%
State-owned National Bank of Egypt has cut the interest rates on its three-year platinum saving certificate by 1…
AlexBank first-half net profit grows 6.3%
Egypt’s AlexBank, part of Italian bank Intesa Sanpaolo, said on Thursday that its first-half net profits rose 6.3…